[Excerpt] Dear Readers,We, the Co-Editors, are excited to present Volume 8 of the Cornell Real Estate REview, a publication of the Cornell Program in Real Estate. As this issue goes to press, much uncertainty remains regarding the nature and strength of the current economic recovery. Now, more than ever, we see the importance of joining scholarly discourse and professional expertise to gain a fuller understanding of the issues confronting the industry and the opportunities it presents. This nexus between real estate theory and practice remains the guiding principle of this publication and the Program in Real Estate.